KENTUCKY APPLE LLC Bankruptcy Filing

KENTUCKY APPLE LLC Filing Information

KENTUCKY APPLE LLC filed for bankruptcy on October 4, 2024, with case number 24-20337, according to recent court filings. As a Florida-based Corporation, the company has sought protection under Chapter 11 of the US Bankruptcy Code. The filing was made in the Florida Southern District Court, with Judge Robert A Mark presiding over the case. This significant development marks a critical juncture for KENTUCKY APPLE LLC, as it seeks to restructure its debts and navigate financial challenges. With this bankruptcy filing, the company aims to regain stability and move forward with a revised business plan. Further information on the specifics of the bankruptcy case will be made available through official court documents and updates.

KENTUCKY APPLE LLC, a business entity, has filed for bankruptcy. The company's financial situation reveals that it has assets valued between $0 to $100,000, indicating a relatively modest scale of operations. This is further compounded by the fact that it only has one creditor, suggesting a limited number of parties with claims against the company. In terms of liabilities, KENTUCKY APPLE LLC faces debt obligations ranging from $0 to $100,000, a figure comparable to its asset valuation. As an establishment operating in the Restaurants and Other Eating Places industry, the business is likely engaged in providing food and beverage services to patrons. The filing of bankruptcy by KENTUCKY APPLE LLC indicates that it requires assistance with managing or resolving its financial obligations, leaving creditors hoping for some level of recovery or settlement.

KENTUCKY APPLE LLC indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.